Economy

Policy strengthens protection for over 140000 specialized, refined, and new small and medium-sized enterprises to welcome new opportunities

2025-11-14   

Promoting the specialized and innovative development of small and medium-sized enterprises, relevant departments are intensively releasing strong signals of policy support. The National Symposium on the Work of Small and Medium sized Enterprises held from November 11th to 12th requires the improvement of the gradient cultivation system for high-quality small and medium-sized enterprises, the deepening of the specialized, refined, unique, new, and solid foundation improvement action, and the acceleration of the research and formulation of mechanisms and policies to promote the development and growth of specialized, refined, unique, and new small and medium-sized enterprises; The 2025 Specialized, Refined, Unique, and New Small and Medium sized Enterprise Development Conference, which opened on the 12th, released the fourth batch of regional equity market "Specialized, Refined, Unique, and New" specialized board lists; The Innovation Achievement Sowing Action and the "Integration of Science, Industry, and Finance" Special Roadshow held on the 11th provided a fertile ground for the growth of 14 "golden seed" technological achievements... As an important support for the high-quality development of the manufacturing industry and a key force for the deep development of the real economy, specialized, refined, and innovative small and medium-sized enterprises have far-reaching significance for their development and growth. According to the latest data, China has cultivated over 600000 technology-based and innovative small and medium-sized enterprises, over 140000 specialized and innovative small and medium-sized enterprises, and over 17600 national level specialized and innovative "little giant" enterprises. At present, specialized and innovative "little giant" enterprises account for 3.5% of the total number of industrial small and medium-sized enterprises above designated size in China, contributing 9.6% of operating income and 13.7% of profits. The development of specialized and innovative small and medium-sized enterprises has taken solid steps. At the 2025 Specialized and Innovative Small and Medium sized Enterprise Development Conference, companies such as Riyue Technology, Zhongke Rowboat, and Qiteng Robotics showcased their industrialization achievements and high-tech products in their respective sub sectors, allowing the market to directly see the "report card" of high-quality development of small and medium-sized enterprises. Chen Dang, Chairman and General Manager of Sun Moon Technology, told a reporter from Shanghai Securities News that the company has built a complete layout from sensors, IoT systems to industry solutions, providing core support for enterprises such as China Petroleum and Sany Heavy Industry, breaking multiple import dependencies. Mao Ben, Senior Vice President of Zhongke Rowing, told Shanghai Securities News reporters that the company's independently developed intelligent visual devices such as 4D light field cameras and visual LiDAR cameras not only have international leading performance, but also cover multiple fields such as semiconductors, new energy, and automotive manufacturing in application scenarios. How to establish a mechanism to promote the development and growth of specialized, refined, unique, and new small and medium-sized enterprises? Professor Wu Yin from the School of Economics at Southwest University of Finance and Economics told Shanghai Securities News reporters that it is necessary to focus on the core of gradient cultivation. The growth path of "innovative small and medium-sized enterprises - provincial-level specialized, refined and new enterprises - national level specialized, refined and new 'little giant' enterprises" has basically taken shape. Policies should further refine the cultivation standards at each stage, strengthen indicator guidance and precise support. Wang Bin, the president of Beijing High Precision Technology Development Institute, told Shanghai Securities News reporters that policy mechanisms should focus on the deep integration of innovation chain, talent chain, and capital chain. The central government has directly supported more than 4200 "little giant" enterprises to increase innovation investment, and 101 cities have piloted the digital transformation of 45000 small and medium-sized enterprises. The next step is to establish a long-term mechanism for policy coordination, so that fiscal, financial, and technological support can form a joint force. Specialized and innovative small and medium-sized enterprises also look forward to the accelerated implementation and effectiveness of policies, providing more precise support to help enterprises overcome technological difficulties, expand market space, and walk more steadily and further on the path of high-quality development. Xu Zhuoqun, Chief Operating Officer of Zongwei Technology, told Shanghai Securities News reporters: "The high-quality gradient cultivation system for small and medium-sized enterprises will provide more precise policy support, clearer development goals, and broader growth space for the high-quality development of small and medium-sized enterprises

Edit:Yao jue Responsible editor:Xie Tunan

Source:Shanghai Securities News

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